GM Is Gunning Its Engine

Hedge-fund manager Kyle Bass thinks General Motors can rise 40% after the government sells its stake. Even if that prediction is too rosy, it's still a good idea to buy the stock.

On Wednesday, Bass' Hayman Capital Management touted General Motors' (ticker: GM) prospects, calling it "one of the most compelling risk/reward situations of any large cap in the world today." Although sources close to the firm say it has taken a...